Fabrinet (FN) Acquires Exception Global CEM Solutions
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Needham & Company Reiterates Buy on Fabrinet (FN) Following Production Capacity Acquisition
September 19, 2016 7:20 AM EDTNeedham & Company reiterated a Buy rating and $54.00 price target on Fabrinet (NYSE: FN) following the company's acquisition of 80,000 square feet of production capacity. Needham believes that the deal could add as much as $30 million per quarter to revenues and $0.05-0.10 per share per quarter.... More
